In episode 98 of Financial Conditioning, Simon Karmarkar delves into essential budgeting strategies, including zero-based budgeting, realistic planning, and useful tools. He highlights the benefits of automating finances and meal planning and introduces a weekly budget for tracking expenses. Simon also covers sensible credit card use, setting limits, and the role of accountability partners. Retirement readiness is explored with a focus on portfolio strategies and transitions. Expert Joe Saul-Sehy shares investment insights, and Simon discusses customizing retirement plans and overcoming behavioral challenges, concluding with tips for financial empowerment.

(0:00) Introduction and episode overview

(0:42) Budgeting Essentials: Zero-based, Realism, and Tools

(2:22) Automating Your Finances and Meal Planning

(3:13) Tracking Expenses and Adopting a Weekly Budget Approach

(4:03) Credit Card Usage and the Power of Saying "No"

(4:51) Accountability Partners and Celebrating Financial Milestones

(5:50) Retirement Readiness: Transitioning and Portfolio Strategies

(6:47) Expert Insight: Joe Saul-Sehy's Investment Approach

(7:29) Customizing Retirement Plans and Overcoming Behavioral Hurdles

(8:32) Episode Conclusion and Final Insights